O.Y. Nofar Energy (NOFR.TA)

Net assets on the balance sheet as of June 2024 : S$0.94 Billion

According to O.Y. Nofar Energy's latest financial reports the company has S$0.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

O.Y. Nofar Energy - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$1.01 B	5.91%
2022-12-31	$S$0.95 B	52.33%
2021-12-31	$S$0.63 B	85.58%
2020-12-31	$S$0.33 B	1902.22%
2019-12-31	$S$16.95 M	138.56%
2018-12-31	$S$7.1 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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O.Y. Nofar Energy (NOFR.TA) - Net assets